Is It Cheaper To Live In Colorado Or Illinois?

Illinois is 12.8% cheaper than Colorado.

Is it cheaper to live in Colorado or Chicago?

The cost of living in Chicago, IL is 2.2% higher than in Denver, CO. You would have to earn a salary of $61,312 to maintain your current standard of living. Employers in Chicago, IL typically pay 4.9% more than employeers in Denver, CO.

Is Denver cheaper than Chicago?

The cost of living in Denver, CO is -2.1% lower than in Chicago, IL. You would have to earn a salary of $58,716 to maintain your current standard of living. Employers in Denver, CO typically pay -4.7% less than employers in Chicago, IL.

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Is Colorado an expensive state to live in?

Colorado has been ranked as one of the top 10 most expensive states to live in by U.S. News & World Report. This is mainly due to the fact that housing in Colorado is 34% more expensive than the rest of the United States. You can expect to pay about $1300 per month for rent or $1,750 for a mortgage.

Is Illinois an expensive state to live in?

Living in Illinois is about as expensive as it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost just 1.9% less than they do on average nationwide. Compared with all other states, Illinois has the 19th highest overall cost of living.

What is the cost of living in Denver Colorado?

Denver cost of living is 128.7

COST OF LIVING Denver Colorado
Overall 128.7 121.1
Grocery 101.9 100.7
Health 92.5 95.8
Housing 184.3 166.1

Is Denver or Chicago bigger?

Metro Denver covers a larger land area (4,532 square miles) than the Chicago MD (3,451 square miles), resulting in a significantly lower population density in Metro Denver than the Chicago MD.

Is it more expensive to live in Illinois or Colorado?

Illinois is 12.8% cheaper than Colorado.

How much do you need to live comfortably in Denver?

You need to earn about $53,928 per year, or $25.93 per hour to comfortably rent a median one-bedroom apartment in Denver. This factors in the idea you will still want some money to splurge and save and not spend it all on rent. You should also consider the living wage when calculating the cost of living in Denver.

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What is the coldest month in Denver?

December
The cold season lasts for 3.5 months, from November 19 to March 2, with an average daily high temperature below 53°F. The coldest month of the year in Denver is December, with an average low of 23°F and high of 46°F.

Is moving to Colorado worth it?

Residents live a healthy lifestyle
Consider moving to Colorado. Thanks to the state’s endless number of outdoor activities, healthy food options and health-focused culture, Colorado is one of the healthiest states in the country. According to Mind Body Green, the state also has the lowest obesity rate in the country.

What is a livable salary in Colorado?

Living Wage Calculation for Denver County, Colorado

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 2 Children
Living Wage $20.31 $27.87
Poverty Wage $6.19 $6.37
Minimum Wage $12.56 $12.56

Can I afford to move to Colorado?

How much do you need to earn to live in Colorado? According to data from HowMuch.net, in order to comfortably afford to live in Colorado, you have to earn over $100,200 annually. This works out to earning about $8,350 per month.

Is Colorado the most expensive state?

Hawaii is the most expensive state to live in the United States. With a cost of living index of 193.3, the cost of living in Hawaii is nearly twice the national average.

What is the cheapest state to live in?

Mississippi
Mississippi. Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.

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Is it worth living in Illinois?

Illinois is a great state and Chicago is its gem. No one can deny that the living experience Illinois offers is exceptional and unique. And while comparing the pros and cons of living in Illinois, you also would have realized that the state also ranks high in outdoor entertainment, food scene, and natural beauty.

Where is the most affordable place to live in Colorado?

10 Most Affordable Places to Live in Colorado

  • Federal Heights. Topping the list of the most affordable city in Colorado is Federal Heights, a suburb of Denver.
  • Lamar.
  • Brush.
  • Fort Morgan.
  • Sterling.
  • Trinidad.
  • Pueblo.
  • Clifton.

What is the best city to live in Colorado?

Best places to live in Colorado in 2022

  1. Fort Collins. Affordability: 6/10. Job market: 8/10. Safety: 8/10.
  2. Denver. Affordability: 6/10. Job market: 7/10. Safety: 6/10.
  3. Colorado Springs. Affordability: 7/10. Job market: 6/10.
  4. Greeley. Affordability: 8/10. Job market: 6/10.
  5. Grand Junction. Affordability: 8/10. Job market: 5/10.

How much does groceries cost per month in Colorado?

2019 data from Numbeo.com indicates that Denver residents can expect to spend $337.09 a month on food, whereas Colorado Springs residents will pay $348.53. For reference, the national average is $323.72.

Is Denver safer than Chicago?

When looking at crime rates in Denver, the capital city has a violent crime index of 30.7 (compared to the US average of 22.7) and a property crime index of 50.8 (compared to the national average of 35.4). Chicago has a much higher violent crime rate of 49.9 and a slightly lower property crime rate of 46.3.

What is it like to live in Denver Colorado?

What It’s Like Living in Denver: There are an estimated 300 days of sunshine every year. Even though the summers are hot, they lack humidity, which makes them more comfortable. The sky is bluer and the stars are brighter than other parts of the country due to the high-desert climate and elevation.